# Agnico Eagle Mines Limited (AEM) - Recent Events Agnico Eagle reports in US dollars. Amounts the company states in Canadian dollars are converted to US dollars at the Canadian dollar rate on the date of each announcement. The company furnishes its current events on Form 6-K and its annual report on Form 40-F. ## Filings that contain financial statements - **Third quarter 2026 (three and nine months ended September 30, 2026):** Form 6-K, accession 0001104659-26-119671, filed October 28, 2026. Exhibit 99.1 (Third Quarter Report) holds the MD&A and the condensed interim consolidated balance sheets, statements of income, comprehensive income, equity and cash flows, with notes. - **Second quarter 2026 (three and six months ended June 30, 2026):** Form 6-K, accession 0001104659-26-088216, filed July 29, 2026. Exhibit 99.1 (Second Quarter Report) holds the MD&A and condensed interim consolidated financial statements. A second 6-K, accession 0001104659-26-088794, filed July 30, 2026, furnishes the second quarter results news release with summary financial tables. - **First quarter 2026 (three months ended March 31, 2026):** Form 6-K, accession 0001104659-26-053113, filed April 30, 2026, holds the First Quarter Report (MD&A and condensed interim consolidated financial statements). A second 6-K, accession 0001104659-26-054134, filed May 1, 2026, furnishes the first quarter results news release with summary financial tables. - **Fiscal year 2025 (February 13, 2026):** Form 6-K, accession 0001104659-26-014451, furnished the fourth quarter and full-year 2025 results with financial statements. These are superseded by the audited statements in the 40-F below. - **Fiscal year 2025 (annual):** Form 40-F, accession 0001104659-26-032153, filed March 19, 2026. The 40-F body is a cover wrapper; the audited consolidated financial statements are Exhibit 99.2, the annual MD&A is Exhibit 99.3 and the Annual Information Form is Exhibit 99.1. This page covers the company's 6-K filings from April 30, 2026 onward. Earlier 2026 announcements, including the Goldsky agreement and the April 20 Central Lapland announcement, appear as later filings describe them. The other 6-Ks in this period carry press releases or agreements without financial statements. ## Third quarter 2026 results (October 28, 2026; accession 0001104659-26-119671) - Third quarter gold production was 814,012 ounces, down from 866,936 ounces a year earlier, mainly because of lower output at Canadian Malartic after the July 1 pit wall movement (below) and at Meadowbank, partly offset by Detour Lake and Fosterville. Nine-month production was 2,494,937 ounces versus 2,606,759. - Average realized gold price was $4,264 per ounce (up 22.7% from $3,476). Revenues from mining operations were $3,583.6 million versus $3,059.5 million. Net income was $1,352.9 million ($2.67 per share) versus $1,055.0 million ($2.10); adjusted net income was $1,324.3 million ($2.62 per share) versus $1,085.2 million ($2.16). - Cash provided by operating activities was $1,755.0 million versus $1,815.9 million; free cash flow was $852.2 million versus $1,189.5 million, lower on unfavourable working capital movements. Total cash costs were $1,133 per ounce (by-product) versus $952. - Nine-month net income was $4,648.8 million ($9.25 per share) on revenues of $11,486.0 million. - Net cash was $3,416.0 million at September 30, 2026, versus $2,669.8 million at December 31, 2025. The company was in compliance with all covenants. - **Guidance update:** 2026 payable gold production is expected at the low end of the 3.3 to 3.5 million ounce range. Total cash costs and all-in sustaining costs per ounce are expected near the upper end of their $1,020 to $1,120 and $1,400 to $1,550 ranges. Capital expenditures (excluding capitalized exploration) remain $2.6 billion to $2.8 billion; capitalized exploration remains $290 million to $330 million. Depreciation and amortization is now expected toward the upper end of the $1.55 billion to $1.75 billion range because of a higher amortization rate at Canadian Malartic. Management cites input cost pressure from diesel and consumables. - **Capital returns in the quarter:** The company repurchased 1,297,940 shares for $250.0 million (average $192.60) under its normal course issuer bid and paid dividends of $204.9 million. On July 29, 2026 it declared a quarterly dividend of $0.45 per share, paid September 15, 2026. - **Credit facility:** In October 2026 the company amended and restated its unsecured revolving credit facility, increasing it from $2.0 billion to $3.0 billion (with an uncommitted accordion of $1.5 billion) and extending maturity to October 28, 2031. It was undrawn at September 30, 2026. ## Operations: Barnat pit wall movement at Canadian Malartic - **July 2, 2026 (6-K 0001104659-26-080204):** A rock mass movement on July 1 on the north wall of the Barnat open pit (Quebec) caused no injuries, equipment damage or environmental impact. Mining in the pit was suspended; the mill was fed from low-grade stockpiles. The company expected the event to reduce 2026 second-half production at Canadian Malartic by about 60,000 to 80,000 ounces, to put full-year 2026 production near the low end of the 3.3 to 3.5 million ounce range, and to reduce 2027 and 2028 production by up to about 150,000 ounces per year. It said the Odyssey mine outlook and the path to 1 million ounces a year from the Canadian Malartic complex in the early 2030s are unaffected. - **October 28, 2026 (6-K 0001104659-26-119671):** Remediation was completed in the third quarter and mining resumed on September 27, 2026. Canadian Malartic 2026 total cash costs are now expected at about $1,260 per ounce, versus prior guidance of $1,187. ## M&A and portfolio - **Finland (Central Lapland Greenstone Belt) - closed.** Announced April 20, 2026; all three transactions were completed in the second quarter. On April 22, 2026 the company acquired B2Gold's 70% interest in the FinGold joint venture for $325.0 million cash. On June 15, 2026 it acquired the Aurion Resources shares it did not already own for $308.5 million in cash; total consideration was $339.3 million including the $30.7 million fair value of the previously held stake. On June 16, 2026 it acquired the Rupert Resources shares it did not already own, each exchanged for 0.0401 of an Agnico Eagle share plus a contingent value right of up to C$3.00 per share (about $2.15 at the June 16, 2026 closing rate). It issued 8,224,116 Agnico Eagle shares valued at $1,434.4 million; total consideration was $1,687.4 million, including the $235.4 million previously held stake and $17.7 million in cash. Together these consolidate a land package of about 2,492 square kilometres including the Ikkari gold project near the Kittila mine. Sources: 6-K 0001104659-26-088794 (July 30), 6-K 0001104659-26-119671 (Note 5). - **Contingent value rights.** Each right runs ten years and pays up to C$3.00 (about $2.15 at the June 16, 2026 closing rate) in cash in three C$1.00 steps (about $0.72 each): 5 million ounces of reserves on the acquired properties; commercial production plus 7.5 million ounces of reserves and production; and commercial production plus 10 million ounces. 207,654,166 rights were outstanding at July 29, 2026. The CVR agreement dated June 16, 2026, which states its dollar amounts in Canadian dollars, was furnished in 6-K 0001104659-26-094882 (August 12, 2026). - **Gunnarn Mining AB (Barsele project, Sweden) sale to Goldsky Resources - closed.** The company sold its 55.0% interest in Gunnarn Mining AB, which held the Barsele project, to Goldsky Resources Corp. for cash, Goldsky common shares and a 2% net smelter return royalty on Barsele. The agreement was announced January 28, 2026 (described in the FY2025 Annual Information Form, 40-F 0001104659-26-032153). The Third Quarter Report says the sale was completed in the second quarter of 2026, leaving the company with a 31.4% equity-accounted interest in Goldsky (carrying value $183.8 million at September 30, 2026), and that it produced a $153.7 million gain in the nine months. Source: 6-K 0001104659-26-119671 (Ex. 99.1, MD&A and investments note). - **Delta and Helm Bay sale to Vizsla Copper - signed, not closed.** On September 8, 2026 a subsidiary signed an agreement to sell the Delta project and Helm Bay project to Vizsla Copper Corp. for 22,523,283 Vizsla Copper shares (about 19.99% of its shares) at closing, 2,903,490 further shares subject to disinterested shareholder approval, 3,041,480 warrants, and net smelter royalties of 2.0% (Delta) and 3.0% (Helm Bay). The shares are deemed worth about $23.25 million in aggregate. Closing needs TSX Venture Exchange approval and is expected in the fourth quarter of 2026. Source: 6-K 0001104659-26-106256. - **Strategic minority investments (private placements):** - Wallbridge Mining (May 20, 2026): agreed to buy 243,927,966 shares for about $16.32 million, taking its holding from about 9.44% to about 19.62% (non-diluted) on closing, expected about May 22. 6-K 0001104659-26-064245. - Cadillac Mines (July 24, 2026): agreed to buy 8,696,000 shares for about $42.62 million, conditional on Cadillac's IPO, expected to close about August 5; holding would rise from about 9.70% to about 11.09%. 6-K 0001104659-26-087022. - Radisson Mining Resources (August 24, 2026): agreed to buy 53,420,000 units (a share plus a half warrant) for about $41.3 million, for about 10.45% non-diluted, expected to close about September 2. 6-K 0001104659-26-100243. - Canada Nickel (August 28, 2026): subsidiary Avenir Minerals bought 666,667 units for about $719,684, leaving it with about 8.68% non-diluted. 6-K 0001104659-26-103804. The filings state expected closing dates for the first three; later closing confirmation is not in the filings covered here. ## Growth projects - **Hope Bay investment decision (May 19, 2026; 6-K 0001104659-26-063785).** The board approved construction of Hope Bay (Nunavut) based on a preliminary economic assessment: an underground mine and 6,000 tonnes per day mill, 400,000 to 435,000 ounces a year of gold over an initial 11-year life, initial development capital of about $2.4 billion, total cash costs of about $958 per ounce and after-tax IRR of about 26% (at $4,500 gold and C$/US$ 1.36). This raised 2026 capital expenditure guidance to $2.6 billion to $2.8 billion from $2.2 billion to $2.4 billion (second quarter release, 6-K 0001104659-26-088794). ## Second quarter and first quarter 2026 results - **Q2 2026 (July 29, 2026; 6-Ks 0001104659-26-088216 and 0001104659-26-088794):** Payable gold production 855,816 ounces; realized gold price $4,483; net income $1,600 million ($3.19 per share); adjusted net income $1,541 million ($3.07); operating cash flow $2,144 million; record free cash flow of $1,335 million. The company returned a record $625 million to shareholders, including $400 million of share repurchases (2,235,947 shares at an average $178.86) and a $0.45 quarterly dividend. Full-year cost guidance was reiterated. - **NCIB renewal:** In May 2026 the company renewed its normal course issuer bid for up to 5% of its shares, with an internal limit of $2.0 billion, running May 6, 2026 to May 5, 2027 (6-K 0001104659-26-119671). The prior bid bought 25,174,240 shares. - **Q1 2026 (April 30, 2026; 6-Ks 0001104659-26-053113 and 0001104659-26-054134):** Payable gold production 825,109 ounces; realized price $4,861; net income $1,695 million ($3.39 per share); record adjusted net income $1,706 million ($3.41); free cash flow $732 million after a $1.3 billion payment of the remaining 2025 cash tax liability. - **Credit rating:** In April 2026 Fitch upgraded the company's rating from BBB+ to A- with a stable outlook (6-K 0001104659-26-119671). ## Administrative notices - 6-K 0001104659-26-078688 (June 29, 2026) and 6-K 0001104659-26-111750 (September 28, 2026) gave notice of the second and third quarter results release dates (July 29 and October 28, 2026). ## Not reflected No dividend change beyond the steady $0.45 quarterly rate, no debt issuance or redemption, and no management change appeared in the filings covered here for the period. The October 28, 2026 6-K furnishes the quarterly report only, without a separate results news release.